Kung-mou, were brought before the First Special District Court yesterday and charged with aiding and abetting in the misappropriation of $50,000 from their bank. Liu admitted that he had received $600 while Wang $700, from Hu Chi-feng, their colleague and alleged chief forger who is said to mve fled to an outport.
Despite their confessions, the judge reserved his judgment until next week pending further investigations during which the police will try £o locate the whereabouts of Hu, whd is believed to have fled to either Manila.
It was revealed in court|that by virtue of his position, the aljsconding bank officer had forged the of Chang Chun-min, a rich) factory Owner and customer of the/ank, and drawn out by instalments $50,000 from his account. Before committing the crime, it was alleged, he consulted with the two accused.
The crime was discovered recently when a messenger was sent by Mr. Chang to draw out $10,000. The bank found out that in Mr. Chang's savings account there was not enough money to pay the bearer and Mr. Chang was accordingly notified. Mr. Chang at Once started investigations and informed the police of the forgery, and it is believed that during the investigations the forger fled.
Text read from the printed page and cleaned; old type leaves the occasional error.